Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Primax Electronics Ltd. (4915.TW)

Company Dividend Discount ModelIndustry: Computer HardwareSector: Technology

Valuation Snapshot

Stable Growth$57.92 - $91.42$73.24
Multi-Stage$112.18 - $123.15$117.56
Blended Fair Value$95.40
Current Price$72.90
Upside30.87%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.69%18.23%3.943.813.002.882.292.373.042.361.971.68
YoY Growth--3.34%26.97%4.16%25.82%-3.38%-22.07%28.62%19.82%17.30%127.92%
Dividend Yield--4.75%4.60%4.97%5.53%3.60%6.14%5.07%3.80%3.96%4.45%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,721.41
(-) Cash Dividends Paid (M)1,851.73
(=) Cash Retained (M)869.69
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)544.28340.18204.11
Cash Retained (M)869.69869.69869.69
(-) Cash Required (M)-544.28-340.18-204.11
(=) Excess Retained (M)325.40529.51665.58
(/) Shares Outstanding (M)470.54470.54470.54
(=) Excess Retained per Share0.691.131.41
LTM Dividend per Share3.943.943.94
(+) Excess Retained per Share0.691.131.41
(=) Adjusted Dividend4.635.065.35
WACC / Discount Rate7.01%7.01%7.01%
Growth Rate-0.91%0.09%1.09%
Fair Value$57.92$73.24$91.42
Upside / Downside-20.55%0.47%25.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,721.412,723.972,726.522,729.082,731.642,734.212,816.23
Payout Ratio68.04%72.43%76.83%81.22%85.61%90.00%92.50%
Projected Dividends (M)1,851.731,973.092,094.672,216.482,338.522,460.792,605.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.01%7.01%7.01%
Growth Rate-0.91%0.09%1.09%
Year 1 PV (M)1,825.421,843.841,862.26
Year 2 PV (M)1,792.861,829.231,865.96
Year 3 PV (M)1,755.141,808.811,863.57
Year 4 PV (M)1,713.181,783.391,855.74
Year 5 PV (M)1,667.831,753.701,843.07
PV of Terminal Value (M)44,031.5446,298.5448,657.97
Equity Value (M)52,785.9755,317.5257,948.57
Shares Outstanding (M)470.54470.54470.54
Fair Value$112.18$117.56$123.15
Upside / Downside53.88%61.26%68.93%

High-Yield Dividend Screener

« Prev Page 62 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5139.KLAEON Credit Service (M) Berhad2.49%$0.1421.23%
MOBA.OLMorrow Bank ASA2.49%$0.4035.32%
NOKIA.HENokia Oyj2.49%$0.1465.00%
SUNI.JKPT Sunindo Pratama Tbk2.49%$20.7827.09%
TIPCO.BKTipco Foods Public Company Limited2.49%$0.1933.58%
003220.KSDaewon Pharmaceutical Co., Ltd.2.48%$297.3678.76%
081000.KSIljin Diamond Co.,Ltd2.48%$298.1639.09%
2489.HKPersistence Resources Group Ltd2.48%$0.0348.82%
2755.TWOYoungQin International Co., Ltd.2.48%$2.9054.00%
5474.TWOYuan High-Tech Development Co., Ltd.2.48%$3.9963.53%
6665.TWOHealthconn Corp.2.48%$0.5186.65%
7276.TKoito Manufacturing Co., Ltd.2.48%$57.3733.13%
BREB.BRBrederode S.A.2.48%$2.6620.88%
ICBP.JKPT Indofood CBP Sukses Makmur Tbk2.48%$200.0025.69%
ILU.AXIluka Resources Limited2.48%$0.1513.66%
LOXLEY.BKLoxley Public Company Limited2.48%$0.0332.70%
203450.KQUNION biometrics Co., Ltd.2.47%$77.4517.43%
300138.SZChenGuang Biotech Group Co., Ltd.2.47%$0.3144.10%
600854.SSJiangsu chunlan refrigerating equipment stock co.,ltd.2.47%$0.1253.56%
601108.SSCaitong Securities Co.,Ltd.2.47%$0.2238.34%
ACTINVRB.MXCorporación Actinver, S. A. B. de C. V.2.47%$0.5516.64%
ALCIS.PACatering International & Services S.A.2.47%$0.3426.64%
QBR-A.TOQuebecor Inc.2.47%$1.3738.63%
U13.SIUnited Overseas Insurance Limited2.47%$0.1947.92%
002415.SZHangzhou Hikvision Digital Technology Co., Ltd.2.46%$0.7451.16%
2897.TNissin Foods Holdings Co.,Ltd.2.46%$71.7542.73%
300144.SZSongcheng Performance Development Co.,Ltd2.46%$0.2066.36%
300257.SZKaishan Group Co., Ltd.2.46%$0.3585.09%
4452.TKao Corporation2.46%$153.9058.66%
6530.TWOAxcen Photonics Corporation2.46%$1.5382.52%
6571.TQB Net Holdings Co.,Ltd.2.46%$34.3143.61%
7298.TYachiyo Industry Co., Ltd.2.46%$34.0716.58%
2478.TWTA-I Technology Co., Ltd.2.45%$1.5253.44%
603305.SSNingbo Xusheng Auto Technology Co., Ltd.2.45%$0.4098.16%
603919.SSJINHUI LIQUOR Co.,Ltd.2.45%$0.5065.59%
688616.SSHangzhou Xili Intelligent Technology Co.,Ltd2.45%$0.3055.59%
KALMAR.HEKalmar Oyj2.45%$1.0044.14%
TOWR.JKPT Sarana Menara Nusantara Tbk.2.45%$14.3423.50%
VIVT3.SATelefônica Brasil S.A.2.45%$0.8042.63%
103140.KSPoongsan Corporation2.44%$2,600.4939.75%
300017.SZWangsu Science & Technology Co.,Ltd.2.44%$0.2572.18%
3086.TJ. Front Retailing Co., Ltd.2.44%$53.5343.66%
600182.SSGiti Tire Corporation2.44%$0.3789.97%
600785.SSYinchuan Xinhua Commercial (Group) Co., Ltd.2.44%$0.3355.95%
601636.SSZhuzhou Kibing Group Co.,Ltd2.44%$0.1564.94%
ELET5.SACentrais Elétricas Brasileiras S.A. - Eletrobrás2.44%$1.9263.99%
LISN.SWChocoladefabriken Lindt & Sprüngli AG2.44%$2,845.6050.18%
SCA-A.STSvenska Cellulosa Aktiebolaget SCA (publ)2.44%$3.0059.52%
000858.SZWuliangye Yibin Co.,Ltd.2.43%$2.5835.17%
002328.SZShanghai Xinpeng Industry Co.,Ltd.2.43%$0.1682.89%